Download or read book The Impact of Profit Sharing and Employee Ownership on the Success of Privatisation written by and published by . This book was released on 1991 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profits for All written by Agustin J. Ros and published by Nova Publishers. This book was released on 2001 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Profits for All? - The Cost & Benefits of Employee Ownership
Download or read book Employee Ownership in Privatization written by Felix FitzRoy and published by . This book was released on 1998 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on empirical evidence, examines experiences of employee ownership within the context of privatization legislation and its diffusion and implementation problems in 14 transitional economies. Presents some of the weaknesses of privatization and identifies possible improvements such as the use of employee ownership in combination with other privatization methods.
Download or read book Should Employee Participation be Part of Privatization written by Barbara W. Lee and published by World Bank Publications. This book was released on 1991 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employee participation has grown rapidly in many developed countries, but it is only beginning to emerge as an element in the economies of developing nations. Evidence shows that employee ownership and other forms of employee participation can ease privatization.
Download or read book The Impact of Economic Democracy written by Michael Poole and published by Taylor & Francis. This book was released on 1990 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sharing in Success written by Social-Democratic Party of America. Working Party on Share Ownership and published by . This book was released on 1985 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The New Owners written by Joseph R. Blasi and published by HarperCollins Publishers. This book was released on 1992 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Privatization Surprises in Transition Economies written by Milica Uvalić and published by Edward Elgar Publishing. This book was released on 1997 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: A wide-ranging survey which considers employee ownership within privatization legislation and its diffusion and implementation problems in 14 transitional economies. Ten articles address issues such as enterprise restructuring, employment, wages, productivity, and investment policies. The authors conclude that the employee ownership method has proven to be one of the quickest and has brought with it many positive changes. They also identify possible improvements such as the use of employee ownership in combination with other methods. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Employee Share Ownership and Impacts on Organizational Value and Behavior written by Sara Elouadi and published by . This book was released on 2021-10 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book gathered international feedback on the practice of employee share ownership and its effects on the attitudes and value of companies and its ability to alleviate the financial damage of the Covid-19 epidemic"--
Download or read book Privatization and Employee Ownership written by National Center for Employee Ownership (U.S.) and published by . This book was released on 1992 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sharing in Success written by Social Democratic Party (Great Britain) and published by . This book was released on 1986 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Ownership and Corporate Performance written by Roman Frydman and published by . This book was released on 1997 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profit Sharing and Stock Ownership for Wage Earners and Executives written by Bryce Morrison Stewart and published by . This book was released on 1945 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Profit Sharing and Employee Ownership written by Daniel J. B. Mitchell and published by . This book was released on 1993 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employee ownership in privatisation written by Aaron Nejad and published by . This book was released on 1987 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employee Ownership and Corporate Governance in Post Privatization Russia written by Yarik Kryvoi and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article brings into focus the impact of employee buyouts on corporate governance ten years after the large-scale privatization in Russia. The analysis shows that although employee buyouts have helped to reduce unemployment and prevent major social conflicts, it otherwise had a negative effect on corporate governance and firms' productivity. An excessively large labor force and the management's tendency to preserve the old Soviet-style corporate governance hampered the long-term growth of privatized enterprises. Unlike in many other transition countries, employees in Russia were obedient to the directors who ruled the enterprises in the absence of any meaningful system of checks and balances. Employee ownership still remains a popular idea in Russia, but subsequent attempts of the Russian government to isolate enterprises from outside investors in the form of people's enterprises have proved to be a failure. The article concludes that instead of giving employees control over their companies, they should only receive minority stakes. The majority stakes should be sold to outside investors, preferably foreign. This would improve employees' incentives without adversely affecting the the company's ability to raise external financing and maintain effective mechanisms of management control.
Download or read book Private Ownership and Corporate Performance Some Lessons from Transition Economies written by W. Cheryl Gray and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: September 1997 Data on mid-sized firms in three transition economies provide strong evidence that private ownership- for worker ownership- improves corporate performance. And the privatized firms' superior ability to generate revenues allows those firms to sustain or expand employment. Using a large sample of data on mid-sized firms in the Czech Republic, Hungary, and Poland, Frydman, Gray, Hessel, and Rapacynski compare the performance of privatized and state firms in the environment of the postcommunist transition. They find strong evidence that private ownership- for worker ownership- improves corporate performance. They find no evidence of the privatization shock that was supposed to afflict the behavior of firms undergoing rapid changes in ownership. Instead, they observe a severe shock from marketization, affecting both state and privatized firms- a shock for which private ownership provides a powerful antidote. Among their other findings: Private ownership is most effective in improving a firm's ability to generate revenues, an area in which entrepreneurship seems to be required. Ownership also affects a firm's ability to remove the rather obvious cost inefficiencies inherited from the past, but this effect is less pronounced, as both state and privatized firms engage in significant cost restructuring. Most important, privatized firms generate significantly more employment gains than state firms. It is their superior ability to generate revenues, rather than competence at cost-cutting, that allows them to sustain or expand employment. This is why privatization is the dominant strategy for expanding employment in transition. Outsider-owned firms perform better than insider-owned firms on most performance measures, but there is enough difference between employee- and manager-owned firms to suggest that putting all insiders under a common umbrella is unjustified. Although the effects of managerial ownership are ambiguous, putting employees in control appears to offer no advantages over state ownership on any measure and creates a distinct disadvantage in terms of employment performance. Among outsider owners, privatization funds seem to do as well at revitalizing the privatized companies as do other outsider owners; in particular, the authors find no evidence that funds are less effective than strategic investors. And foreign investors provide perhaps less of an edge than might have been expected; their impact appears no stronger than that of major domestic outsiders. This paper- product of the Development Research Group- part of a larger effort in the Bank to explore issues of corporate governance in transition economies. The study was funded by the Bank's Research Support Budget under research project Corporate Governance in Central Europe (RPO 678-42).
